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RU
ITAT Clarifies 80G(5B) Scope: Minor Religious Expenses Permissible for Charitable Trusts
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The appellant, Jay Mataji Charitable Trust, applied for approval under Section 80G(5), which allows donors to claim a deduction for contributions to approved charitable institutions.
Arguments and Judicial PrecedentsThe assessee (Jay Mataji Charitable Trust) appealed the CIT(E)’s decision to the Income Tax Appellate Tribunal (ITAT), Rajkot.
The judgment clarifies the nuanced relationship between a trust’s charitable purpose and permissible religious activities under the Income Tax Act.
This implies that some part of the activities of a trust are permitted to be of a religious nature.
CIT(E) has relied upon only two out of ten objects to show that the assessee is a religious trust.
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